Seeing someone promoting that ZEC is about to drop sharply, even providing a complete short position plan. Their shorting strategy is as follows: enter between 374.920893 and 379.301995, then set three take-profit points at 363.968138, 359.587036, and 350.824832, with a stop-loss at 390.25475.

To be honest, I actually think it’s worth considering the opposite when encountering such opinions. When everyone is calling for a short, the market often behaves differently. It’s not that their analysis is wrong, but such highly consensus bearish voices should itself be approached with caution.

ZEC’s recent movement has indeed been somewhat volatile, but from a fundamental perspective, the demand for privacy coins has always been there. Instead of blindly following the crowd to short, it’s better to clearly identify the current support and resistance levels. The 374-379 range is indeed a key price zone, but whether it’s a good time to short depends on the overall trend of BTC.

My advice is: don’t be swayed by a single viewpoint. Analyze ZEC’s technicals and market sentiment from multiple angles before making a decision. Sometimes, thinking in reverse can save your life.